The new report by Expert Market Research titled, ‘Global Acute Bacterial Skin and Skin Structure Infections (ABSSSI) Treatment Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global ABSSSI market, assessing the market based on its segments like infection type, route of administration, distribution channel, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2021-2026)

Historical Market Size (2020): USD 9.3 Billion
Forecast CAGR (2021-2026): 7%
Forecast Market Size (2026): USD 14 Billion

The growth of global ABSSSI is driven by the rising prevalence of skin infections. Additionally, the developing antibiotic resistance in pathogenic bacteria, and mutations resulting in the newer strains is expected to drive the demand for the ABSSI Market. The growing healthcare awareness among the populace is expected to aid the growth. Moreover, the increasing research and development (R&D) in the effective and new drug development along with increasing penetration of players in developing regions will bolster the growth. Further the government spending on healthcare and infrastructure will propel the market in the forecast period.

Industry Definition and Major Segments

ABSSSI are mild or severe forms infections caused by pathogens like streptococcus pyogenes and Staphylococcus aureus. They can be found in form of post-surgical wound infections, carbuncles, or traumatic wound infections. These drugs are pathogen specific and may require surgical excision of lesion in extreme cases.

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The acute bacterial skin and skin structure infections (ABSSSI) treatment industry can be segmented by infection type:

Hospital-acquired ABSSSI
Community-acquired ABSSSI
Others

It may be differentiated on the basis of route of administration:

Oral
Parenteral

The industry may be classified on the basis of distribution channel:

Hospital Pharmacy
Retail Pharmacy
Online
Others

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On the basis of regional markets, the industry is divided into:

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

Market Trends

Regionally, North America is the largest shareholder in the global ABSSSI market, due to the presence of a robust healthcare system. Moreover, the growing prevalence of skin infections, is a major factor for the growth in the market for ABSSI treatments. Meanwhile, the Asia Pacific regions is expected to witness fast growth in the forecast period. This can be attributed to the rapidly advancing healthcare sector, increasing population, and growing awareness about various skin aliments.

Key Market Players

The major players in the market are Debiopharm International SA, Melinta Therapeutics, Inc., Paratek Pharmaceuticals, Inc., GlaxoSmithKline plc, and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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